T-Mobile's new 'Monthly4G' plans offer high-speed data without a contract

T-Mobile today announced its new “Monthly4G” plans, a new no-contract option for its 4G customers. There are two plans to choose from, both with unlimited voice, text, and web. The first, priced at $50/month, offers 100 MB at 4G speeds, the second offers 5 GB at $70/month. The plans are throttled, which means that once you hit your limit, you won't be paying more, but instead you'll find your speeds slowed for the remainder of the month. Interesting note: that 5 GB plan is $10 cheaper than T-Mobile's current two-year contracted unlimited plan, AND it offers 3 more GBs per month. Great to see that T-Mobile won't be nickel and diming people for every additional GB you use, though since most of us eat 5 GBs for breakfast, it'd be nice to see some higher caps.

T-Mobile also announced new unlimited family plans, ranging from $120/month for 200GB at full speed to $220/month for 10 GBs at full speed. Hit the source link for the full press releases.